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Nappon Co Has Two Products Named X and Y  The following actual operating results were reported after the year was over: \text { The following actual operating results were reported after the year was over: }

question 37

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Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed:  Product X  Product Y  Total  Sales $260,000$360,000$620,000 Variable Costs 156.000180,000336,000 Contribution Margin $104,000$180,000$284,000 Fixed costs 130,000108,000238,000 Operating Income (Loss)  $(26,000) $72,000$46,000 Selling Price per unit $130.00$60.00\begin{array}{lrrr} & \text { Product X } & \text { Product Y } & \text { Total } \\\text { Sales } & \$ 260,000 & \$ 360,000 & \$ 620,000 \\\text { Variable Costs } & 156.000 & 180,000 & 336,000\\\text { Contribution Margin } & \$ 104,000 & \$ 180,000 & \$ 284,000 \\\text { Fixed costs } & 130,000 & 108,000 & 238,000\\\text { Operating Income (Loss) }&\$(26,000) &\$72,000&\$46,000\\\text { Selling Price per unit }&\$130.00&\$60.00\end{array}

 The following actual operating results were reported after the year was over: \text { The following actual operating results were reported after the year was over: }

 Product X  Product Y  Total  Sales $202,500$467,500$670,000 Variable Costs 117.000212,500329,500 Contribution Margin $85,500$255,000$340,500 Fixed costs 140,000108,000248,000 Operating Income (Loss)  $(54,500) $147,000$92,500 Units Sold 1,5008,500\begin{array}{lrrr} & \text { Product X } & \text { Product Y } & \text { Total } \\\text { Sales } & \$ 202,500 & \$ 467,500 & \$ 670,000 \\\text { Variable Costs } & 117.000 & 212,500 & 329,500\\\text { Contribution Margin } & \$ 85,500 & \$ 255,000 & \$ 340,500 \\\text { Fixed costs } & 140,000 & 108,000 & 248,000\\\text { Operating Income (Loss) } & \$(54,500) & \$ 147,000 & \$ 92,500\\\text { Units Sold } & 1,500 & 8,500\end{array} The sales quantity variance for Product Y is:


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